Engro Polymer & Chemicals Limited (EPCL): 2QCY25 LPS to clock-in at PKR 0.92; LAT Up 75% YoY - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Board Meeting: July 31, 2025</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">2QCY25 LPS: PKR 0.92; DPS: NIL; LAT: PKR 839Mn</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During 2QCY25, we expect EPCL&rsquo;s sales revenue to clock in at ~PKR 18.3Bn, up 3% YoY / up 2% QoQ. On a sequential basis, the modest growth is likely driven by a slight improvement in pricing and volumes. However, we expect gross margin to compress to ~7%, down from ~8% in the previous quarter and ~8.1% in 2QCY24, primarily due to rising input costs. On the finance cost front, we expect it to remain elevated, arriving at ~PKR 1.5Bn during the quarter. Cumulatively, we expect 1HCY...